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It's Obvious The Economy Cannot Bear The Size Of The Government That We Are Running– Prof. Bokpin

According to economist and finance professor Godfred Bokpin, President Nana Addo Dankwa Akufo-Addo must shrink the size of his administration in order to address the economic issues the country is facing.

According to him, the country's current problems offer the President an opportunity to reduce the number of appointments. He claimed in an interview with TV3 on Monday, June 27, that the size of the government is too much for the economy to handle.

"We are aware of the size of the government. You would not ever have any motivation to reduce the size of government without development such as [economic problems]. The best platform is hence this one.

When will you complete that if you do not do it right away? It is becoming more and more clear that the economy cannot support the size of the government we are now running, he remarked.

Dr. John Kwakye, the Institute of Economic Affairs' (IEA) director of research, recently urged the President to reduce the number of ministers in his administration. In the challenging times the county is experiencing, according to Dr. Kwakye, this is one approach to cut government spending.

On Friday, March 18, he delivered a statement in which he urged people to "take urgent measures to minimize expenditure whose level and composition remain problematic.

"The measures should include the following; restructure ministries and cut the number of ministers from 80 to 56 (including 16 regional ministers)." Akufo-Addo has already scaled back his cabinet from 120 members in his first administration to just 85 members in his second.

Link: https://3news.com/economy-can-no-longer-bear-the-size-of-your-govt-bokpin-tells-akufo-addo/

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Godfred Bokpin Nana Addo Dankwa Akufo-Addo TV3

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